1. Venezuela Devalues its Currency
(Matching tags: venezuela, inflation)

... article stated, as though it were a fact, that the move will “spur galloping inflation.”  But the biggest devaluation during the Chávez years, in January 2010, produced no increase in the core rate of ...

2. More Musings on Modern Monetary Theory
(Matching tags: inflation, taxes, mmt)

... all MMTers believe that the government cannot literally spend without limits. In other words, we can push the economy to the point where inflation is a real problem. The MMT answer is to raise taxes to ...

3. Consumer Price Index Drops 1.0 Percent, Inflation Slows
(Matching tags: inflation, prices, CPI)

... import/export price and producer price indexes. The rate of inflation in the Consumer Price Index has been at 2.1 percent over the last six months, compared with 5.1 percent in the six months ending in ...

4. Inflation: How Do You Spell Debt Relief?
(Matching tags: debt, Wall Street, inflation, housing bubble)

In his column today, Paul Krugman picks up the suggestion from Richard Yeselson, that debt relief for working people would be a good demand for the Wall Street occupiers to pursue. While there is a good ...

5. Krugman Notes That Low Inflation Is a Problem
(Matching tags: economy, inflation, deflation)

For far too long economists and economics reporters have fixated on the prospect of deflation, as though something really bad happens if the inflation rate falls below zero and becomes negative. This is ...